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Keeper Security Provides Cybersecurity Warning for Retailers This Holiday Shopping Season
Wednesday, November 22, 2023
Keeper offers businesses the best practices to protect sensitive systems and customer data during the biggest shopping week of the year.
CHICAGO, Nov. 14, 2023 /PRNewswire/ -- It's a lucrative time of year, and not just for retail businesses. Cyber criminals also look to take advantage of the increased traffic and high sales volume, which provides cover for them to actively target retailers with cyber attacks. Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, passkeys, privileged access, secrets and remote connections, is sharing cybersecurity best practices for small businesses to help protect sensitive systems and valuable customer data during the biggest shopping week of the year.
Cyber criminals utilize a range of tactics to gain access to an organization's systems and valuable data during this hectic time, which can include phishing attacks, ransomware, malware, business email compromise and more. Preparing for and actively defending against cyber threats is essential to maintain the security of customer data and transactions during the holiday shopping season and year-round. Retailers should implement a multi-layered approach to cybersecurity, including the following:
-- Conduct employee training- According to Verizon's Data Breach Report,
74% of security breaches involve the human element, including falling
victim to social engineering, stolen credentials or simply making an
error--misplacing passwords, for instance. Cybersecurity training should
be an integral part of onboarding, while phishing tests and supplemental
training should be conducted regularly so employees can stay up-to-date
on the latest threats.
-- Regularly update software- Ensure all systems and software, including
Point of Sale (POS) terminals and e-commerce platforms, are up to date
with security patches to protect against known vulnerabilities. Install
antivirus software and ensure it is regularly updated to defend against
the newest threats.
-- Secure sensitive systems- To secure payment processing, ensure you're
using trusted tools and isolate your payment systems. Implement
privileged access management to secure and manage access to privileged
systems and accounts, such as payroll and IT. Implement the principle of
least privilege to ensure employees only have access to the systems and
accounts they need to do their jobs. Set up an intrusion detection and
prevention system to monitor for suspicious activity and potential
threats.
-- Protect customer data- Regularly back up and control access to data by
appointing administrators and monitoring user permissions. Review your
existing data collection practices and policies to ensure you understand
the user information your organization is collecting and get rid of any
dark data your organization is not using. If your company doesn't
absolutely need a piece of information about a customer, don't collect
it.
-- Implement an enterprise password manager- Weak and compromised passwords
are the biggest threat to a retailer's cybersecurity. In addition to
giving IT admins visibility into employee password practices and
enabling them to enforce password security policies, such as the use of
strong, unique passwords and MFA, an enterprise password manager helps
prevent employees from entering their credentials on phishing sites.
-- Secure your WiFi network- Protect your network with a strong password
that is at least 16 characters, featuring a randomized mix of letters,
numbers and special characters. If encryption is not already enabled,
you can update it in your ISP admin settings. The majority of routers
already have built-in firewalls, so ensure that's enabled as well. Use a
Virtual Private Network (VPN) to allow remote workers to connect
securely from outside the office.
By taking these steps, retailers and small businesses can bolster their cybersecurity posture and better protect their systems and data during the high-stress period of Black Friday and Cyber Monday.
About Keeper Security
Keeper Security is transforming cybersecurity for people and organizations around the world. Keeper's affordable and easy-to-use solutions are built on a foundation of zero-trust and zero-knowledge security to protect every user on every device. Our next-generation privileged access management solution deploys in minutes and seamlessly integrates with any tech stack to prevent breaches, reduce help desk costs and ensure compliance. Trusted by millions of individuals and thousands of organizations, Keeper is the leader for best-in-class password and passkey management, secrets management, privileged access, secure remote access and encrypted messaging.
Learn more: KeeperSecurity.com
Follow Keeper: Facebook Instagram LinkedIn X YouTube
Media Contact
Katherine Benfield
Lumina for Keeper Security
KeeperSecurity@luminapr.com
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SOURCE Keeper Security
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